The crypto store, which launched in April, has been one of the most successful online retailers of cryptocurrency, with more than 500 million visitors per month and a $3.4 billion market cap.
The store launched with a $2.9 million funding round, followed by a $1.4 million Series B round in August, and the company raised another $1 million in March.
The store has also been credited with helping to drive the cryptocurrency market in India and across the world, as it has been a central hub for crypto transactions and its presence in the US and China helped push the price of cryptocurrency into the stratosphere.
“The crypto store is a huge opportunity for a lot of companies and it’s been a great opportunity for us to go into new markets, which has helped us grow and expand our business,” said Rahul Pandya, the co-founder and CEO of crypto store Bogota.
Pandya said that the cryptostore’s success has also helped to shape the future of the crypto space in India, with the store’s presence helping to attract businesses into the country.
“It has helped the Indian crypto scene grow in the last few years and it has also really boosted the crypto market in terms of growth.
This is what we are hoping to see in the future.”
Pandya added that the company was also looking to invest in India to grow the crypto industry, with a “big push” planned for India’s crypto market.
“We are going to take a big push in India.
We are going all the way in to India.
This will help the crypto scene.
It will help a lot,” he said.
According to Pandya’s figures, crypto-related businesses are worth $10.6 billion in India alone, with retail accounting for $1 billion, and mining at $1,500 million.
The cryptostore has invested in over 200 crypto companies and employs over 2,000 people in Bogota alone.
Pandia said that he and the team were looking to create a new ecosystem for crypto companies, which would provide them with a platform to attract more businesses into their store, and potentially increase their revenue.
“This is what’s going to happen in the next year or so.
We’re going back to the ground floor,” he added.